First Trust Municipal High Income ETF (FMHI)
| Assets | $361.68M |
| NAV | $56.08 |
| Expense Ratio | 0.55% |
| PE Ratio | n/a |
| Shares Out | 6.45M |
| Dividend (ttm) | $1.62 |
| Dividend Yield | 2.89% |
| Ex-Dividend Date | Nov 23, 2021 |
| 1-Year Return |
| Volume | 50,540 |
| Open | 56.14 |
| Previous Close | 56.08 |
| Day's Range | 56.03 - 56.18 |
| 52-Week Low | 53.12 |
| 52-Week High | 53.12 |
| Beta | 0.13 |
| Holdings | 381 |
| Inception Date | Nov 1, 2017 |
About FMHI
The investment seeks to provide federally tax-exempt income, and its secondary objective will be long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal securities are generally issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.
Top 10 Holdings
14.82% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollars | N/A | 6.58% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | N/A | 1.16% |
| BLACK DESERT PUB INFRASTRUCTURE DIST UTAH 4% | N/A | 1.14% |
| CANYON PINES MET DIST COLO SPL IMPT DIST NO 1 SPL ASSMT REV 3.75% | N/A | 0.94% |
| SAWYERS LANDING CMNTY DEV DIST FLA SPL ASSMT REV 4.13% | N/A | 0.92% |
| NORTH PKWY MUN MGMT DIST NO 1 TEX SPL ASSMT REV 5% | N/A | 0.84% |
| ILLINOIS ST 5% | N/A | 0.84% |
| OKLAHOMA DEV FIN AUTH REV 7.25% | N/A | 0.84% |
| YAMHILL CNTY ORE HOSP AUTH REV 5% | N/A | 0.79% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | N/A | 0.79% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 23, 2021 | $0.130 | Nov 30, 2021 |
| Oct 21, 2021 | $0.130 | Oct 29, 2021 |
| Sep 23, 2021 | $0.130 | Sep 30, 2021 |
| Aug 24, 2021 | $0.130 | Aug 31, 2021 |
| Jul 21, 2021 | $0.130 | Jul 30, 2021 |
| Jun 24, 2021 | $0.135 | Jun 30, 2021 |
News
Municipal High-Income ETF (FMHI) Hits New 52-Week High
The municipal high-income ETF hit a 52-week high recently. Can it soar higher?
First Trust Municipal High Income ETF (FMHI) Hits 52-Week High
First Trust Municipal High Income ETF (FMHI) recently hit a 52-week high. Will it soar further?
4 Factors Why Muni Bond ETFs Could Rally
The tax hike talks, improving U.S. economic growth, high yields and chances of issuances of build back America bonds may help muni bond ETFs in the near term.
Tax-the-Rich Slogan Not to Help Muni Bond ETFs Much
There is growing support among Americans for wealth tax imposition. What would it bring for muni bond ETFs?
Democrats Favoring Tax Hikes: Muni Bond ETFs to Soar?
Democratic presidential candidates are pitching for tax hikes in some way or the other. This should keep the winning momentum alive for muni bond ETFs.